Randal Nardone is the Co-Founder, Principal and Chief Executive Officer of the Fortress Investment Group. He was selected to be the Interim Chief Executive Officer of Fortress from December 2011 to July 2013, and became the Chief Executive Officer in August 2013.Randal Nardone earned his B.A. in Biology and English from the Connecticut University, and his Jurisprudence Degree from the School of Law of Boston University.Nardone was listed in the Forbe’s Magazine’s “World’s Billionaires” in 2007 because he had an estimated net worth of $1.8 billion.On February 14, 2017, SoftBank publicly broadcasted that is would purchase Fortress Investment Group. Softbank is a Japanese Conglomerate that had previously consented to the purchase of Fortress for $3.3 billion.The Fortress Investment Group was established in 1999 with just $400 million in its portfolio of assets.

Fortress Investment Group is a leading company in the hedge fund and private equity industry. When Fortress’s IPO of the New York Stock Exchange in 2007 came, the company was already overseeing $32.6 billion in assets. The private equity investments of Fortress involves a wide range of industries within the markets such as energy, media and telecommunications, real estate, health care, financials, and transportation among others.When 2002 came, the Fortress Investment Group commenced its credit business, which is concentrated on investing in assets that are undervalued which includes international illiquid and distressed assets.

The liquid markets that Fortress focuses on are equity markets, interest rate, and global currency.SoftBank, Fortress’s acquirer is a Japanese multi-technology company, and is ranked by Forbes as the 62nd biggest publicly traded firm across the globe. SoftBank is based in Tokyo and is engaged in the following businesses: telecommunications, semiconductor design, e-commerce, and broadband just to mention a few.With the procurement of Fortress Investment Group, its principals Peter Briger, Randal Nardone, and Wes Edens will continue to manage Fortress which will operate separately and independently from SoftBank.Randal Nardone and his co-principals will be given ample opportunity to manage the investment side of the business without the headaches of also overseeing the daily management of the office.

A stong indicator of a good business is that it is not uncouth in its dealings with both clients and its workforce. It is also an added asset that the company is consistent in its public claims, fecund creative ideas, and indelible transparency. A company that has these assets can stamp itself in the industry in the strongest possible way, and can guarantee its survival amidst competition. One of the surviving and most robust companies today that have stood the test of time is Fortress Investment Group.

The Core Competencies

It’s not hard to describe the core competencies of a company such as Fortress Investment Group, considering that it is robust, rational and intelligent enough to have survived the market for at least ten years already. Truly, the core of Fortress Investment is in its cunning, its sheer talent to find solutions for people who want their money, assets and wealth to grow in the most fantastic levels. With strengths and services in private equity, credit, loans and permanent capital vehicles, Fortress is able to use its fecund ideas to make sure that their clients get the money growth they want and avoid the dearth of attitudes that are left to those who do not dream big.It is also another strength of Fortress Investment Group to be able to be acquired by SoftBank Group Corp, for about $3.3 billion in cash. With such acquisition, it may not be hard to understand the future of Fortress Investment.

This purchase would mean more Fortress shares for the right stakeholders, and more job generation that may not be hard to pin down when you’re not doing as good as Fortress.However, it should be noted that Fortress would still be operating under a sense of independence from the cordon of control from SoftBank. With Principals Pete Briger, Randy Nardone and Wes Edens, Fortress will continue as a company that withstands the challenges of the modern changes in the market without sacrificing the quality of service they offer to the global landscape.The merge with Softbank also means that Fortress would get a lot of access to networks and information platforms that could strengthen the ways it can generate asset growth for their clients. There is currently a shortage of supply of new information on ways to increasing clients’ assets, but with the work that Fortress does, it may be easy to do this without risking the core assets of the company that makes Fortress survive.

About Fortress Investment Group LLC

Fortress I.G., LLC is now one of the topnotch and leading investment firms with diversified global assets and strategies that span about $36.1 billion in profit volume, which are calculated since September of 2017. The company was founded in 1998, and it has right now about 1,750 diligent and trustful clients from various investors across the globe. We can also read from authority sites a list of nothing but praise from the employees of Fortress to the way the company has treated the workforce since its inception.